A spokesman with the world’s second-biggest carmaker declined to comment.

Toyota builds its subcompact Yaris model at the plant, which is located near the city of Valenciennes.

The company employs some 4,000 staff at the plant and the investment will enable it to assemble a second model, Les Echos said. ($1 = 0.8181 euros) (Reporting by Matthias Blamont; editing by Richard Lough)